Pros
Not a whole lot if you happen to work for COTY R&D. The only thing going for COTY is the Summer Hours system that results in having every other Friday off (which they threaten to take away all the time on the whim of Senior management).
Cons
Coty relies too much on their Fragrance business for profits. In tough economic times, there isn't a whole lot to fall back on since so much is dependent on fragrance business. In general, most Chemists and Senior Chemists never developed the skills needed to lead projects effectively. They are mostly a pair of hands for Directors who are too busy having contests about who has a better office space or some other ego contest. Senior management lacks the backbone to do what is right. Favoritism runs amok in R&D. The HR is basically there to do whatever the VP tells them to do. Not to pay attention to what the workers are saying. Overall, people are overworked and underpaid.